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will be the united states of america. >> romney made his concession speech before his supporters in boston. the loss ends a six-year quest for the presidency for the former massachusetts governor. he lost the republican nomination to john mccain in 2008. romney wished president obama well, but also noted the deep divide amongst the parties in washington and urged leaders to work together. >> the nation as you know is at a critical point. at a time like this, we can't risk partisan bickering and political posturing. our lead verse to reach across the aisle to do the people's work. >> while the electoral college makes this win look far more decisive than the popular vote, that is just one of the quirks of the u.s. electoral voting system that many people worldwide have been learning about. 303, the number of delegates that he has to romney's 206. despite the very close popular vote, again, the electoral college votes make it much more decisive. florida remains a toss-up. clearly not going to make a difference to the overall outcome. 270, that was the number to reesm we knew once we started to get the
. but this is something to cheer, the people in boston at romney headquarters. >> john, i know you're looking to the screen as well. iowa being projected now for barack obama. >> well, that is a piece of bad news for the romney campaign. again, remember, mitt romney needed to win most of the nine swing states. not just a couple of them. most of them. he's still got to do that. he's not out of the game, but if you take the state of iowa, you got colorado out there, if president obama can hold nevada and the state of colorado, it doesn't matter what happens in any of these other states. he'll be over the finish line. so big challenges, more for president obama, fewer more romney, but he's still in the game. >> waiting on too close to call races which of course have been really critical. ohio being number one. florida, as well. we know now north carolina and, of course, iowa. >> larry, he needs 21 votes. >> yeah. there's a pattern. i mean, let's face it. there's a pattern here. and whether you're romney supporter or not, you got to look at this thing. the pattern spills over into the u.s. senate
the matters as we count down to the closing bell. >>> boston market on the business of thanksgiving. much more "squawk on the street" straight ahead. nobody said an inkjet had to be slow. or that printing in color had to cost a fortune. nobody said an all-in-one had to be bulky. or that you had to print from your desk. at least, nobody said it to us. introducing the business smart inkjet all-in-one series from brother. easy to use. it's the ultimate combination of speed, small size, and low-cost printing. i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. ♪ >>> about six minutes before the opening bell rings on wall street. let's bring in art cashin of the ubs financial services. on the day of the rally we had great headlines about the fiscal cliff. today there might be speed bumps and we're looking to open lower. looks like a long month ahead for
soon. joining us from romney headquarters in boston is chairman and president of a company. your thoughts on what we know so far. 82 electoral votes for governor romney versus 64 for president obama. what's the mood there at romney headquarters? >> the mood is very good up here. it's very upbeat. there's a great sense of enthusiasm and energy in the room. so far so good. it's obviously going to be a close race, but i still believe that the governor is going to win with at least 300 electoral votes. i think for a sitting president to come into the election without 50% is a tough hurdle for him. the governor has run one hell of a campaign the last six weeks. so we're optimistic. i have learned a long time ago not to count chickens before they hatch but i feel strongly that we've had a good candidate, he's run a wonderful race. we've had a lot of support from a lot of people. and as i said, i'm guard ledly optimistic. i rather have opposition than the other side right now. >> what state are you focused on mostly? we have florida having closed but too close to call. pennsylvania too
in right now. you can see it from boston down through new york city to philadelphia. mostly snow, just inland from the coast and mostly rain right on the shorelines. several problem spots. first of all, just south of boston. not only very windy but a big storm surge coming in there later this afternoon. and again at high tide later tonight. also out on the eastern tip of cape cod, out towards nantucket, winds already to 55 miles an hour likely to gust to 60. so some damaging winds there. then there's that new york city vicinity area in terms of the snow. it's a big wild card because we're not sure it is going to change over to complete snow in flos flosh new york. if it sticks, it will bring down more tree limbs and cause more power outages. there will at least be scattered power outages all over again coming in to the northwest suburbs of new york and up into new england. that's the very least. we'll be watching this every step of the way throughout the course of the afternoon. >> we do not need this. thank you very much. appreciate it. >>> courtsny reagan now with a "market flash." >
a hotshot lawyer with a boston accent. >> what these fishermen and others want to see are checks and compensation, not promises from somebody from boston. and that is an obstacle that i try to overcome in part by coming down here and meeting with these people. >> this is, what, your 14th or 15th trip down here? >> i think so. >> do you feel that the tide is somehow turning in your favor, that people say, "okay, let's give him a chance?" >> not yet. >> not yet? >> not yet. >> well, six months of this would be a step in the right direction. >> well, a step in the right direction-- >> not another week of runaround. >> the average for each of the claims that you paid out is $5,000. and that's for six months, and that, sir, is nothing to be bragged about. >> they really go after you. >> they do, but it goes with the territory. i mean, you go in there expecting that you're going to receive that criticism. and woe be unto you if you hide. that is a mistake. you cannot hide. >> feinberg admits the program had a rocky start, which only added to the mistrust. these fishermen agree. >> what
headquarters and hampton pearson is at governor romney's headquarters in boston. phil you kind of got to stay home, don't you live there and poor hampton we had to send him there. you got the better deal, we'll start with you, phil. >> or not. >> we lost a little bit of phil lebeau's sound there. >> you know what, i could have gone to hampton first anyway and he's the one that traveled further, i should have just to defer to you, hampton. hopefully we can hear you. why don't you start. >> reporter: how are you doing, joe? number one the polls just opened a few minutes ago in boston, massachusetts, expecting something like a 70% turnout. governor romney wrapped up his last full day of campaigning in manchester, new hampshire, the four electoral votes are really up for grabs between him and president barack obama. romney basically reminding folks that this is where his campaign began 18 months ago, and making one last plea for their votes today. >> and tomorrow, your votes and your work right here in new hampshire will help me become the next president of the united states. >> reporter: now mit
thought you were a member of the board of directors when i was up visiting my daughter in boston. i said man, you got a rockets p rocketship. and that, ladies and gentlemen, is the conclusion of the lightning round. >> the lightning round is sponsored by td ameritrade. coming up, holiday rush. getting ready for the busiest shopping season of the year. don't miss this explosive with the ceo of shopping center. >> i want to give you a black nooikt combat boo-yah. >> high flying united states air force blue-ya. >> thank you for serving. love the military. everybody call from it. we got to have them on this show. boo-yah back at you. >> this veteran's ta, "mad money" salutes those who defend our country's freedoms by helping to defend their financial futures. if you or someone in your family is proudly serving or has served in america's armed forces, we invite you to join our live studio audience for "mad money". for tickets go mad money.cnbc.com. scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company
's a big las vegas booyah. >> staten island new york hey now forget about it booyah. >> boston. >> nashville. >> michigan. >> california. >> booyahs come from all across america. let cramer help you channel yours. "mad money" with jim cramer weeknights. >>> tonight we have shown you how to look for signs of what to do with your portfolio over the long run. because the earnings report and the subsequent conference calls are the crucial thing. here's the deal. they don't have to be shoot first ask questions later experiences. actually the opposite. conference calls are ask questions, ask questions, then ask some more questions. and only then maybe take action. we are asking specifically about what the growth of the earnings per share might be and how expensive that would make the stock versus other stocks in the sector. and maybe other stocks in the market as a whole. usually regarded as being the s & p 500. we want questions answered about gross margins, whether they're going to be increasing. why we have to judge if earnings estimates might be beaten in the future. we are looki
and atmosphere is like in boston for governor romney's campaign headquarters. for that we go to hampton pearson. >> reporter: how are you doing, phil. mitt and ann romney voted a few moments ago here in boston. a bit of an irony. no expert or citizen expects romney to carry massachusetts, his home state. experts say he'll be lucky if he matches 36% that john mccain got four years ago when he ran against barack obama. it's not just the fact that massachusetts is a state that tilts democratic. frankly voters here have similar complaints to what has been heard nationally about the former governor. >> i don't think there's a mystery about mitt romney. i think the united states is learning what we learned here. we're never exactly sure if he means what he says and how long he's going to stick with it. >> reporter: the real action in massachusetts is the dead heat contest for the senate between scott brown, the republican, and elizabeth warren, the democrat. voter turnout could top 70%. some 3 million plus votes being cast in one of the most closely watched senate races in the country that could very
.i.e. they have v heavy rain for the cape, but boston a bit of a dry area. but the damage already done. look at these snowfall totals. central new jersey over a foot of snow. everywhere here in the light pink shading is 3 to 6 inches of snow. and new york city coming in just over 4 inches which was the earliest 4 inch snowfall ever on record for the city. beating that old record by over a month -- or i should say about a month. heavy snow continued across connecticut and so we're continuing to watch that area. but the snow that's already on the ground was blowing around, as well. still 20 to 30-mile-an-hour wind gusts. these are the peak winds we saw near 70 miles an hour near nantucket. everyone else closer to 40s in the mile per hour range. but that's enough. for the advisories that are still out there, connecticut into rhode island, we're still watching winter weather advisories and winter storm warns. and that continues up the coast into new hampshire and maine where the snowfall totals quite honestly won't be as big. switching gears a little bit, i know there's a lot of natural gas and
at obama headquarters in chicago. hampton pearson is with the romney team in boston. but phil, we will start with you. >> andrew, good morning. it's only been a couple of hours since president obama gave his victory speech here at mccormick place. and that speech a lot of people were looking at and said did it set at least initially the tone for his second term in office. during the speech, he talked about the country coming together and ending the divisiveness that has been typified by the campaign over the last several months. in particular, he made mention about the deficit and coming together to work on solving the deficit, and more importantly, the republicans and democrats finding some solutions. >> whether i earned your vote or not, i have listened the you. i have learned from you. and you've made me a better president. and with your stories and struggles, i return to the white house more determined and more inspired than ever about the work there is to do and the future that lies ahead. >> president obama will return to the white house later this afternoon. he spent last n
things going on here. satellite actually looks qui fret boston to buffalo. d.c. travel weather pretty easy today. that area of low pressure off the southeast coastline, at least spreading some showers on toward north carolina and this disturbance pushing at least a few clouds in towards chicago. on the radar, doesn't look like very much. lightning trackers not picking up any lightning and as it makes its way across the eastern edge, a lot of the showers likely to fall apart. chicago maybe a little drizzle today. that system off the east coast will slowly drift further away, but it is pushing a lot of water in towards the edge of the outer banks. highway 12 had issues, had to close a couple times. much of the activity will remain off the coast. still will deal with some of those winds. it's limited as the effect of it, but still talking winds at 20 to 30 miles an hour range with some higher gusts. just to the north, could see a few showers. but d.c. itself, new york, boston, temperatures in the 40s with sunshine in the area. tuesday, a beautiful set up there, as well. even travel wise,
for the mountains. rain in the valleys, rain in boston as well, even toward thursday night. our grip on the east coast, especially the hard-hit areas from sandy, will be over by thursday night. now, here are two models that we look at. this is the american model. i'm also going to show you the european model and what they do with snow. i think once we get into this 3 to 6-inch range, we could actually see additional power outages because this will be a heavy, wet snow. this is the european model, which has a much higher resolution. and may actually be portelling to something more significant. 6 to 12 inches in the poconos up to catskills. i think we'll see additional power outages. not only will we curtail current restoration and power but we may add new outages especially if we get 6 to 12 inches of snow in some areas of pennsylvania and new york. >> unbelievable. >> can you believe it? >> oh, my god. we'll hunker down and get ready. thank you so much. we'll be watching the weather channel and certainly come back to you on cnbc. jim cantore. >>> gas lines up to three hours long in some parts of
in boston. you see the roads. a lot of cars heading out of town. 43.6 million people traveling this thanksgiving weekend. that is a slight increase from last year. more people driving 50 miles since 2007. the national average for gasoline at $3.41. look at this image here. it is a little hard to tell but behind all of those plains that's the united states. and right now 5,000 flights are in the air according to the flights. the airlines are counting on a quiet thanksgiving to fuel fourth quarter profits. average domestic air fare at $180. fewest number of people flying however since 2009. when you have fewer seats which is what we have because capacity has been stripped out you have higher air fare rrs. you have seen air fares are up 16%. a as a lot of people talk about being thankful on thanksgiving. let's look at one airline stock you wanted to own. u.s. airways up 192%. not entirely because of the business but more because of the speculation. >> thanks so much. >> the latest on your travel for the weekend. >>> and finally my observation on the warning bernanke issued to amer
! >> here is a big las vegas ding ding ding ching ching ching binge binge binge boo-yah. >> boston, nashville,. >> michigan. >> california. >> alaska. >> boo-yahs come from all across america. let cramer help you channel yours. "mad money" with jim cramer, week nights on cnbc. [ male announcer ] this december, remember -- you can stay in and share something... ♪ ♪ ...or you can get out there with your friends and actually share something. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit of perfection. this is america. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] one pill each morning. 24 hours. zero heartburn. well, having a ton of locations doesn't hurt. and my daughter loves the santa. oh, ah sir. that is a customer. let's not tell mom. [ male announcer ] break from the holiday stress. fedex office.
-yah. >> boston. >> nashville. >> michigan. >> california. >> alaska. >> boo-yahs come from all across america. let cramer help you channel yours. "mad money" with jim cramer, week nights on cnbc. i don't spend money on gasoline. i am probably going to the gas station about once a month. last time i was at a gas station was about...i would say... two months ago. i very rarely put gas in my chevy volt. i go to the gas station such a small amount that i forget how to put gas in my car. [ male announcer ] and it's not just these owners giving the volt high praise. volt received the j.d. power and associates appeal award two years in a row. ♪ has oats that can help lower cholesterol? and it tastes good? sure does! wow. it's the honey, it makes it taste so... well, would you look at the time... what's the rush? be happy. be healthy.
:45. went home, finished some homework. and then i just came out again at 2:45. >> jpmorgan's matt boston is scouting multiple locations throughout the company. they said they were nice lines but fewer than what they saw last year. he also thinks macy's is the clear winner. from a mall in long island, they say traffic early stronger than last year. citi says target's electronics door buster deals did drive generally strong traffic. deutsche bank says crowds at walmart and target have been strong. while black friday will likely be a success for retailers, he doesn't believe it will be a game changer. customer growth partners craig johnson says generators at home depot and lowe's on the east coast sold out within 20 minutes. a bit of a different door buster type of deal. however, not entirely surprising with what we've just gone through with sandy and the upcoming winter. home depot shares trading at 12-year highs. lowe's at 5-year highs. google says when it comes to shopping related searches, jcpenney christmas is coming in number one, followed by walmart black friday card and home depro b
-old, a child of a viewer up in boston. they sent us this video. >> watching "closing bell." >> it occurs to me, only a 2-year-old could this happy about the fiscal cliff. >> that's charlie. we're told he's a big fan of "closing bell." his father greg told us he watches us every day. we made that animation months ago to raise awareness of what the fiscal cliff meant. i know you've seen this animation a lot on our program. >> and you know i have the same response every day. >> it brings joy to that young boy. so those people who wrote in and said, hey, we hate that video, somebody likes it. >> way to go, charlie. >> look how cute charlie is. >> wait until he gets his first paycheck when he grows up with all the taxes taken out. then we'll see if he likes the fiscal cliff. >> i was just going to say that. unfortunately, one of the big upsets about this fiscal cliff and the $16 trillion debt is the taxes and what we're leaving to our kids and grand kids. i hate to pour cold water on this, bill. poor charlie. >>> all right. we have the closing countdown next. >> after the bell, we'll hear from some
familiar wind, up to 60-mile-an-hour gusts, anywhere from atlantic city northeastward to boston, but mostly on eastern long island, cape cod and the islands. that would be nantucket and martha's vineyard. so it is mostly a coastal influence when it comes to the wind and certainly not as bad as sandy, but there's also coastal flooding a possibility, minor tide tomorrow afternoon and the big wildcard i'm referring to a brief mix with heavy, wet snow which may bring renewed power outages even to the new york metro area tomorrow late afternoon and tomorrow night. so we will be taking a look at that as the day progresses. now, a chance of snow involved as well. >> todd gross, thank you very much. >>> and with much of new jersey still suffering in the aftermath of hurricane sandy, where and how to vote could be an issue for lots of people. my polling place was moved. kayla tausche is tracking that in the garden state. >> reporter: getting people to the polls is a major task here in the storm-ravaged state with hundreds in shelters hundreds of thousands still without power. an original plan to hav
and launch microsoft. it was 1974. he was a college dropout working in boston, and one day he spotted a magazine announcing a new small computer called the altair. he ran to show it to his friend gates, then at harvard. >> i said, "here, look at the magazine! this is computer we've been waiting for." >> this is how the pc--the idea that we all have these computers--this is how it started. >> yeah, and it's amazing to think, back then, nobody had personal computers. i mean, there were computers in universities and in research labs and in corporations, but nobody had personal computers. >> allen's idea was to write software that would enable the altair to work as well as those large computers. >> and so we called up the company that made it and said, "well, we can demonstrate this software for you very quickly. are you interested?" and they said, "sure, if you can really show up and demonstrate it." >> did you have software? >> no. no. >> you had nothing. >> we had nothing. >> so they spent the next eight weeks at harvard feverishly writing code, but without an altair to test on. allen
. these surveillance photos show a jewelry team staking out a store in boston, waiting for a jewelry supplier or courier to make a sales call. they've been known to follow a victim for weeks or even months, learning their routines, waiting for the right time to strike. this time it was outside a hotel near chicago. >> this is not something that happens occasionally. it's pervasive. it's an epidemic. >> rich loebl is vice president of le vian jewelers in new york city. he says that thieves are so brazen, they'll even target jewelers in new york's heavily fortified diamond district. >> they say there are more police officers on the street here than anywhere else in new york, and the reason is, it's not safe to be out here without a police officer. a lot of these guys are retired. look over to the left there. see the guy with the hat on? >> right. >> retired cop, bet you anything there to protect that fedex delivery person. >> turns out he was right. but loebl learned all of this the hard way. in 1999, he was followed leaving a department store in cincinnati. after waving off his police escort,
from the jersey shore through long island. serious coastal flooding south of boston and down toward cape cod. what about the snow? there's a cold pool of air over southeastern new york into northeastern pennsylvania that will get sucked down toward the new york metropolitan area this afternoon. that's where the big wild card is. we know several inches of wet snow will pile up somewhere in new jersey up through southeastern new york to the northwest of new york city. what about the city itself and western long island, southwest connecticut, where the trees have leaves on them. why is that so important? we're just recovering in that vicinity from the power outages now. when trees get leaves and snow falls on those leaves, it brings downed branches and starts a new round of power outages all over again. we'll know much more in the next couple of hours as precipitation first moves in and we'll play it throughout the afternoon step by step to see how it's going to pan out. >> all right. thank you so much for that. todd gross back at headquarters. today is back to lining up defensive play
factor right now especially close to new england. i'm south of boston. take a look. you have the boats in the water and that water is churned up. the winds consistent, 30, 40, close to 50 miles per hour sustained. over the last several hours. seen gusts still clocking in at 60 miles per hour. we had a report out towards the cape of 60 miles per hour and nantucket with a peak wind gust of 68 miles per hour and seeing reports with the consistent winds of some coastal flooding including high water over the roads in nantucket. a few trees down and led to scattered power outages. you can see behind me, higher water this morning and we are now not at high tide and not seeing the stray come up and over. that was a concern, as well. when's interesting about this storm is winding down and pulling away, wind is still going to be such a huge factor. easing winds means 20 to 30 miles per hour as we get in to the evening opposed to 40 or 50 miles per hour. but that's going to be the case even going through the end of the day today. snow not so much an issue along the coast. it's been the wind and t
disappointed when i went to work for the mayor of boston 45 years ago, i was told seriously, hey, kid, there's one thing you you got to remember. you never write when you can talk, you never talk when you can nod, and you neff nod when you can wink. and why these two very intelligent men were sending these embarrassing e-mails is absolutely baffling. >> a lesson for all of us to remember. so remember to wink nod and -- >> is he right, is there anything more than to this than just the exposure of a public figure's sex life? >> the question is whether there were see credit s secrets exposed. >> it's maybe not so much about the affair about the issues this benghazi that were raised and who whole other series and the loss of support. it's a pretty interesting piece worth reading. >> futures are indicated higher after the markets closed down again. indicated up about 34. in europe this morning, we've been taking a look and seeing at this point at least some modest red arrows. declines of the ftse at this point down by about 19 points. cac off by five. germany, the dax down by half a percent. an
. bill is a friend columnist at "forbes," a boston-based venture capitalist. i like to read just about everybody you write, bill. welcome. viewers, be careful. he's a self-proclaimed libertarian. tell me and tell sully a bit about your article that we all found so interesting about why you should never discuss politics at thanksgiving tables. >> thank you, rick and happy thanksgiving. it's a minefield with family and friends if you're a bit of an outlier. i live in boston and am -- one of the things they're not used to is someone who disagrees with their opinions. they're so used to arguing with strawmen that when they get up against somebody who has thought through issues is a bit of a stock. really warm people, great hosts, i was surronalded by college professors for the evening. the evening did start out slowly, and i did try to hold my tongue. they were congratulating themselves for being so smart. it ended up becoming quite lively by the end of 9 night. >> it always gets lively around my holiday dinner table as well, but at the epicenter of this was a debate about our constitution
on election day. >> and we'll also head out to boston to find out what one strategist says the election will mean for wall street. no more debates, no more rallies, at least for, what, two weeks. president obama and mitt romney will leave their fate in the hands of u.s. voters today after a long and bitter campaign battle. national polls show obama and romney in a dead heat. although the president seems to have an edge in ohio. and tracie potts joins us live from cincinnati, ohio in the wee hours of the morning there. when do polls open, how important is ohio, and when will we start to get a sense of the outcome? >> reporter: the polls here in ohio open at 6:30 eastern time. so we have about 2 1/2 hours. this is one of the polling places, a local church here behind me. however important is ohio? for months we've been talking about ohio really sort of being a bellwether state, ohio being the most important battleground state. and that's because ohio has a history of choosing presidents, particularly cincinnati where i am, it's been described as really the biggest swing part of one of the
and chief market strategist bell curve trading out of boston. >>> a quick reminder of what we are seeing on the agenda in the u.s. the new home sales report is out at 10:00 a.m. eastern. we'll see if it follows the optimism we've seen in figures of late. 2:00 p.m., the fed's biggest beige report. a slew of earnings, including tivo. >>> for all you car fans out there, the u.s. auto show kicks off this week with the l.a. auto show. nearly a million people are expected to check out some 50 new vehicle launches. electric and hybrid vehicles will be on display. california does account for 11% of all new u.s. auto sales. i wonder if there will be any driverless cars at this one next. i hope not. in any case, that's it for today's show. thank you for tuning in. i'm kelly evans. up next is u.s. "squawk box." don't go anywhere. [ male announcer ] this december, remember -- you can stay in and share something... ♪ ♪ ...or you can get out there with your friends and actually share something. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this
to about 40. and boston staying in the 30s. tonight, of course, big event in rockefeller center. temperatures will be in the 30s. breezy but clear skies. nearly a full moon outside as well. the big storm we're watching is in the west. three storms, you can see them pin wheeling here out to the pacific. the rain is now approaching into san francisco. northern california and oregon are all going to see very, very heavy rainfall, not just today but all the way through the weekend. flood watches are out. sacramento, stockton up toward reading and stretching all the way up into oregon. we could see up to 20 inches of rainfall here, a big broad area of at least a half a foot. back to you. >> that is a waste. that should be over colorado and it should be -- >> exactly. >> so we had snow yesterday. last year we had snow early, it was like halloween and then we never got anymore. did the snow we had yesterday seem more typical? any idea about whether that portends that we have some snow this year on the east coast? >> last year it was like we used it all up early. we said okay, here we g
27 minutes at 11:30. we'll start with the markets. art hogan joins us from boston. good morning to you. >> good morning. >> is this what you expected? china pmi decent. not sure if people expected 1% out of that. >> it's interesting. we've seen an improvement over the last month or so in the economic ad calendar across the board. while that's happening, we're seeing real sloppy earnings season. the contradictions here are loud and clear. what i think we're seeing, the fact we went from june to september. since then, we're getting back about 4% on the s&p, about 6.2% on the nasdaq. we've had a bit of a correction into this earnings season and didn't expect better than expected numbers out of china for sure, but the consistency out of the improvement was catching everybody by surprise and probably portends something for tomorrow's job numbers. >> given the fact that not every trading desk is fully staffed, who know what is d order flow is like given what's normal. that niese numbers at the dow, even the s&p's may not be accurate, relative to sentiment? >> it's interesting that you
, so be patient out there. and then boston, seattle, mostly minor. los angeles, no issues to speak of. a little marine layer, but you should be just fine. let's pitch it back to you you. >> did you actually just run out to the set? did we catch you? >> a little bit kind of sort of, but not really. i was really intrigued by last block. we heard a little bit of corduroy the bear and the societal collapse. >> sorry. >> are you kidding me? i was terrified last block the stuff we were hearing. >> zombies. >> search government preparation for zombie attack. where are you based, are you -- you're not in georgia, are you you? >> we're in atlanta. >> oh, good. that's where the walking dead takes place. >> you're exactly right. so we have got zombie patrol out right now and still looking for one of the zombies as the corduroy bear. love it. >> reynolds, go for the brain. p through the eyes. >> will do it. >> i like it, he plays with us. in sports news, monday night football, steelers winning their fourth straight by escaping with a 16-13 overtime win over kansas city. roethlisberger is like a g
markets, which are the first four markets we launched. d.c., new york, boston, and san fran. and the margin expansion in those markets beat even our prior estimates of where we might go. so the margins are continuing to expand as well. >> let me pick up on some of those metrics. a lot of people are very negative on the stock. i've got mkm partners. they think it will half in value to $4. they have a stock recommendation. on that question of margins specifically, you don't break out your fleet costs, do you? in the present environment, presumably you're making money, because that is theamic that, as you sell cars, they are -- it's a higher margin experience now than arguably it might be next year. >> there were three or four factors in our margin expansion, quite frankly. quite frankly, the vehicle sales and proceeds from sales was the smallest of the three or four i'm speaking of. so most of it came from improved utilization and other margins. we've dropped our costs quite a bit. we got into the asset-backed security markets half a year ago and rolled our entire fleet into t
looking at the chill here all across the northeast, boston, new york running just a little bit below average. we'll also be tracking some rain break out across georgia for this afternoon and tonight. >> in sports news, the los angeles lakers dropping an 84-82 decision by san antonio. the lakers are waiting for mike d'antoni to take over. he's recovering from knee surgery, but is expected to join the lakers this week. in other nba news -- does nbc cover the nba? >> no. >> no, not at all. but we could someday. >> abc disney family. >> it's hard for me to get excited about early season action in the nba. got to get to the playoffs. i can't wait for college hoops to start and i like that, but man, nba is tough. >> will you go to a nets game with me? >> no. >> can't bring yourself to go to brooklyn? >> they moved? the new york knicks are the only remaining undefeated team in the league. carmelo anthony's 25 points let the knicks to a 99-89 win at orlando. new york is off to its best start since the '93-'94 season. that season, the knicks went to the nba finals. i the like the idea of just
for what he does and real commitment. >> reporter: nearly 30 years ago cook founded boston beer company maker of sam adams. >> nobody would lend me money when i started sam adams. >> reporter: now he is trying to help other food and beverage start-ups. his samuel adams brewing the american dream fund has provided over 200 loans, averaging $8,000 apiece. claiming to creator saved 1300 jobs. >> i received $15,000 loan. and i'm going to be paying it over the next five years. >> reporter: interest rates average 8%. and cook says the default rate sunday 5%. the fund teams with local economic developers to find the right start-ups. >> we have 250,000 entrepreneurs here in l.a. it has been said lay slay a small business capital of the country. and it is. >> check e-mail. >> edward is using his loan to open a storefront with plans to hire up to eight people. in an economy where traditional jobs and loans seem harder to come by, jim cook wants to support promising people scooping out a new path. >> while you have your ups and downs, you know, if you really loved what you do, you never work a day
attention to secondaries. they are working. >> bernstein cuts boston scientific. >> we don't talk about this group enough. there's been turmoil. st. jude, hard to keep track of them but this was a company on the move and they'll stop in its tracks. >> norfolk southern. bernstein says they may miss. >> they may make the quarter shows me tocoal may have bottom. yelp is a service people like. the best performer of the special media that i look at. other than linkedin obviously. we have a big show. i sound like ed sullivan. we have manny chirico and we have gary rodkin. >> kellogg's at a 52-week high. >> pringles is working. a major success for kellogg. >> we'll see you tonight, jim. when we come back, we have richmond fed, consumer confidence and also ahead, a holiday shopping trend that indicates men are the new women. "squawk on the street" back in a moment. but when i was in an accident... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. so i never missed a beat. that's health in numbers. unitedhealthcare. [ male annou
are kind of drunk by thousand. >> i'll toast with them. >> are you up in boston? >> springfield, mass. mostly bonds. we specialize in corporate bonds, real estate. >> so what are you doing about the fiscal cliff? >> we think it's actually a good thing because it's addressing something in our country that's gotten out of control. step back the last five years, september 2007, we crossed $9 trillion in debt. thousand we're at $16.2 trillion to $16.3 trillion four years later. five years later. deficits of 1.25 trillion for the last five years. so we have a problem in our country that really needs to be resolved. we've become addicted to stimulus really through deficit spending, through 0% interest rates. >> how are you investing around this? >> we're comfortable investing in corporate bonds. bond spreads have tightened, but investors still being paid on a reasonable basis. we have structured products like clos. >> do you care if we go over the cliff? >> it's a concern, but i think it's actually not that much of a concern to me, no. >> so it's okay? >> we look at the fundamentals of comp
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